Extraction Oil & Gas Inc (NASDAQ:XOG) Shares Shorted Decreased By 2.41%

June 29, 2018 - By Susanne Funderburg

Extraction Oil & Gas Inc (NASDAQ:XOG) reported a decrease of 2.41% in shorted shares. In June was announced XOG’s total 15.48M shorted shares by FINRA. That’s 2.41% down from 15.86M shares. Previous XOG’s position will need 9 days to recover. It has 1.81 million average volume. Extraction Oil & Gas Inc float short is 15.32%.

XOG is touching $14.875 during the last trading session, after decreased 0.50%.Currently Extraction Oil & Gas, Inc. is uptrending after 1.22% change in last June 29, 2017. XOG has also 430,221 shares volume. XOG underperformed the S&P500 by 11.35%.

Extraction Oil & Gas, Inc., an independent gas and oil company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountains regions, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado.The firm is worth $2.61 billion. As of December 31, 2016, it had approximately 109,400 net acres of contiguous acreage blocks in the productive areas of DJ Basin; held approximately 113,700 net acres outside of the Core DJ Basin; had estimated proved reserves of approximately 238.1 MMBoe; and had 1,014 gross producing wells.Last it reported negative earnings. The firm was founded in 2012 and is headquartered in Denver, Colorado.

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